Lifetime achievement: Benoît Coeuré

Benoit Coeure — Benoît Coeuré: “Our basic tasks haven’t changed much. It is about making sure the plumbing works in the financial system and injecting liquidity when needed”

Photo: Mario Schmitt

- Risk Staff
- 26 Nov 2019

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When Benoît Coeuré takes a new job, things seem to have a habit of taking a turn for the worse. Auspiciously, the former head of the European Central Bank’s market operations, and an architect of its bond-buying programme, is a seasoned crisis manager with a firm grasp of market mechanics and political possibilities.

Coeuré joined the executive board of the ECB in January 2012, just as Greece was embarking on the largest sovereign-debt restructuring in history. The deal was approved by

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